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Chief Change Officer

#142 Chris Schrader: Turning a Modest Charity into an 8-Figure Marathon for Change – Part Two

Fri, 17 Jan 2025

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Part Two. A simple idea to honor a friend sparked something extraordinary. Today, the 24 Hour Race stands as the largest student-run effort to fight human trafficking. In this episode, Chris Schrader, the founder and executive chairman, reflects on the journey from a single event to a global mission, with students worldwide raising $20 million for this critical cause. Key Highlights of Our Interview: From the Wilderness to the Workplace: Business Team Building 401 “Business is a watered-down version of an expedition, and an expedition is a hyperbolic version of business. The success of both depends on understanding team dynamics—bridging the gap between the strongest and weakest players.” “Your performance isn’t defined by your best players; it’s defined by your weakest. In the expedition world, you have two choices—get rid of your weakest link or rein in your top performers.” Don’t Be the Adventure Tour Guide—Leadership Takes Tough Calls “You’re not an adventure tour guide. You’re there to achieve a specific goal, and sometimes that means making tough calls against your team’s individual interests to keep the whole expedition on track.” Nietzsche, Space Dreams, and Paying the Bills “Nietzsche teaches us to live life with vitality, to focus on what brings joy in the moment. But, let’s be honest—sometimes that joy includes paying the electricity bill for your sous vide obsession.” It’s Not All About Musk and Zuckerberg: Real Impact Starts Closer to Home “The hardest thing isn’t creating global impact like Elon Musk or Mark Zuckerberg—it’s investing in the people around you and making a meaningful difference in their lives.” Connect with us: Host: Vince Chan | Guest: Chris Schrader ______________________ --Chief Change Officer-- Change Ambitiously. Outgrow Yourself. Open a World of Deep Human Intelligence for Growth Progressives, Visionary Underdogs, Transformation Gurus & Bold Hearts. 6 Million+ All-Time Downloads. Reaching 80+ Countries Daily. Global Top 3% Podcast. Top 10 US Business. Top 1 US Careers. >>>100,000+ subscribers are outgrowing. Act Today.<<< --Chief Change Officer--Change Ambitiously. Outgrow Yourself.Open a World of Expansive Human Intelligencefor Transformation Gurus, Black Sheep,Unsung Visionaries & Bold Hearts.EdTech Leadership Awards 2025 Finalist.18 Million+ All-Time Downloads.80+ Countries Reached Daily.Global Top 1.5% Podcast.Top 10 US Business.Top 1 US Careers.>>>170,000+ are outgrowing. Act Today.<<<

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Chapter 1: What inspired the creation of the 24 Hour Race?

9.58 - 32.621 Vince Chan

Hi, everyone. Welcome to our show, Chief Change Officer. I'm Vince Chan, your ambitious human host. Our show is a modernist community for change progressives in organizational and human transformation from around the world.

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36.411 - 79.177 Vince Chan

Today's guest is Chris Schrader, founder and executive chairman of 24 Hour Race, which is a global movement against human trafficking that has raised over 20 million US dollars in the last decade. I've known Chris for almost 10 years. Our first encounter was back in 2016 when I invited him to be a panelist at an event I hosted on education technology.

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81.559 - 120.539 Vince Chan

Chris is sharp, well-read, and definitely unconventional. He took a leave of absence from Harvard Spent an extended period of time away and eventually finished his studies in neuroscience while also building and growing tech businesses around the world. Along the way, he founded a charity based on his love for expeditions.

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122.372 - 155.986 Vince Chan

And it's safe to say he sees life and business leadership as a journey too. We have talked for about an hour, split into two parts. In the last episode, part one, we touched upon the genesis and evolution of 24-hour race. What started as a casual suggestion on a rainy day turned into a life-changing journey for a teenager.

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157.668 - 189.14 Vince Chan

The walk across England raised five-figure in US dollars and sparked an eight-figure US dollar global movement at the end. Today's episode, part two, We'll focus on Chris' approach to leadership and team building, drawing parallels between leading an expedition and managing a business team.

190.281 - 225.44 Vince Chan

Here, we'll highlight how lessons learned from life or death situations in the wilderness translate into effective leadership strategies. in the corporate world. Chris also offers his genuine advice for young, ambitious talents on balancing life goals, family expectations, and career direction. Let's get started.

230.12 - 262.53 Vince Chan

As you walk us through this journey from the humble beginnings all the way to raising 20 million US dollars over the years, it almost sounds like magic, but I know it's not magic. there must have been plenty of challenges along the way, not just in the beginning when teachers were dismissive of your idea, but throughout the whole process.

Chapter 2: What challenges did Chris face while building the charity?

264.25 - 279.413 Vince Chan

Could you tell us more about some of the difficulties or obstacles that you and your team faced? And how did you eventually figure things out? Maybe you can share some specific examples?

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282.026 - 312.135 Chris Hare

Yeah, that's a great question. Look, we've honestly had hundreds of thousands of challenges and they can really span from existential through to incidental. So. Existential, for example, was just identifying our purpose. What are we? We're not quite a grassroots organization. We put these races together. We raise quite a bit of money. Are we in a grassroots NGO? Are we an events provider?

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312.155 - 334.292 Chris Hare

Are we an anti-slavery charity? And just figuring that out in the early days was really tough. We've had other stuff since, for example, we had one event that was literally received a threat from ISIS at the peak of the ISIS terror wave in the 2010s. And we had to make a spot decision whether to cancel our event or to continue it.

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334.933 - 358.056 Chris Hare

So you have these sort of momentary hurdles and you have the existential ones. The way I always think about it is like climbing a mountain. When you climb a mountain and let's say it's a totally novel new mountain that hasn't really been climbed before, you identify an approach from where the perspective that you have, you'll of course miss things.

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358.556 - 375.593 Chris Hare

And then you attempt to summit or wherever you attempt an approach. And often there are obstacles and maybe you get about halfway and then there's an ice field and It's insurpassable, and so you turn around and you reevaluate your approach. But fundamentally, the goal is the same, which is to summit that mountain.

376.273 - 395.589 Chris Hare

And sometimes you get really close, and you're so close that it's very tempting to carry on. But again, there's some kind of threat, big crevasse or whatever, that just isn't worth the risk. And of course, if you're very lucky and if you're very good at it, you do summit the mountain. But as any mountaineer will tell you, when you get to the top of a peak, what's the first thing you see?

395.629 - 419.943 Chris Hare

Another peak that you want to find. There's this sort of aspect to a charity where I would describe, for example, an ISIS threat to a group of students in a particular city trying to fight slavery. as a similar situation to a crevasse on that mountain analogy versus what is the actual mountain we're climbing is more existential and more akin to. What is the 24-hour race?

420.043 - 423.105 Chris Hare

What's its role in the world? If that makes sense, Vince.

425.587 - 453.261 Vince Chan

I really like the analogy used. It's actually quite philosophical. It reminds me of a Chinese saying. which is, however high the mountain is, there's always another one higher. That idea of always seeing a higher peak resonates with what you are saying.

Chapter 3: How does expedition leadership relate to business leadership?

730.589 - 754.669 Chris Hare

And in that time, I transitioned from being a charity founder to a software founder. And I have a lot of thoughts about the evolution of software since I started working in the industry in 2014 till today. As a matter of fact, my background, I started at Harvard studying a very generically named field, East Asian studies.

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755.729 - 782.803 Chris Hare

mainly focused on China, and in particular, Ming Dynasty Chinese history onwards. And I transitioned to the field of computational neuroscience, which is eventually where I got my degree. So I was always attracted to the field of technology. And anyone who was alive in 2013 or 2014 could see it was really early days for adopting and deploying technology into various industries.

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783.304 - 801.44 Chris Hare

So I made that transition. That being said, everything, every success I've had, and for that matter, every failure I've had while working in the full profit technology and software sector, I can basically trace to an analogy from an expedition that I've partaken on. So.

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803.22 - 823.631 Chris Hare

Talking about, for example, team building, there's an expression that I first heard when I was rowing in high school, at boarding school, which was the first boat is only as fast as the second boat. And I think what was meant, I was on the second boat, by the way, I wasn't on the first boat.

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824.391 - 849.052 Chris Hare

I think what was meant by this is that you define, your performance is not defined by your best players, it's defined by your weakest players. And in business, this can be a little bit of a trope because our attitude often in the business world is to give people chances and to make sure they perform. But the expedition world, there are no such, there's no such forgiveness.

849.752 - 872.24 Chris Hare

So I can think of one expedition that I was on, for example. where the expedition leader, who wasn't me, was himself an accomplished explorer, but was not very good at understanding that distinction between your top players and your, I wouldn't say bottom players, but your weaker links.

873.221 - 892.517 Chris Hare

As an expedition leader, you need to make sure that your top players are humbled and understand that they're only as strongest as their weakest player. And so as an expedition leader, you have really two choices. You can either get rid of your weakest link. or you can rein in your top performers. That's really what happens.

892.577 - 910.464 Chris Hare

And by the way, to be quite honest, by the time that an expedition actually takes place, it's really too late to be making these decisions. They should be made well before you do the expedition itself. And this particular person didn't really understand this concept very well.

911.205 - 935.47 Chris Hare

And the result was that small discrepancies in the abilities between team members were not managed properly, led to huge discrepancies in morale and expedition success. And on this particular expedition, I think over 70% of the participants ended up dropping out. And they dropped out for health reasons. There was some very close calls. And I, when I say close call, I mean near death. Okay.

Chapter 4: What lessons can be learned from team dynamics in expeditions?

1111.046 - 1134.07 Vince Chan

You are a servant leader. You are the type who wants to make others shine. If you can help your team members grow, to become better people, better leaders, better managers, then you are the silent force behind the success.

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1136.051 - 1171.96 Chris Hare

Look, I have ego, and I've failed more than I've succeeded. So I think it's a goal. I don't know if I'm a good leader, but I'm trying to be. introspective about it. I don't think the only factor of being a leader is being a servant. There are many cases where you as a leader have to build a kind of myth around yourself. You have to be something that people aspire to be toward or to be like.

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1172.0 - 1192.942 Chris Hare

You have to demonstrate qualities, the best qualities that maybe they see in themselves. You have to exemplify that. But those qualities don't necessarily mean obviously beating everyone else at their own game. Those qualities could be patience, wisdom, experience, humility, strength. Ruthlessness. This is an underrated one, I think.

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1193.783 - 1218.387 Chris Hare

Every one of your team members trusts you not to make the best decisions for each of them individually, but to make the best decision for the expedition as a whole, right? This is a typical lesson you learn as an expedition leader. You're not there to make everybody individually happy. You're not an adventure tour guide, let alone just a regular tour guide.

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1218.908 - 1231.393 Chris Hare

You're there to achieve a particular goal. That's what expeditions, that's what sets expeditions apart from tourist holidays, right? They have specific goals, typically scientific goals. or attainment goal, you try to do something for the first time.

1231.914 - 1249.162 Chris Hare

And everybody should walk into this experience, understanding that they're walking into the unknown and that ultimately they're going to have to trust one person who will make decisions perhaps against your own interests. Maybe we do, but incidentally, but overall contributing to the final goal.

1250.022 - 1255.465 Chris Hare

And I think this analogy is specifically important when it comes to low performance in the business world, by the way.

1256.192 - 1278.251 Chris Hare

Which is that too often I've seen great leaders in every other sense who go this particular person's maybe dragging their feet a bit or is lagging a bit, but you know what the team performance overall is so strong that we can just basically mask that and I can avoid an awkward conversation. The expedition world has taught me that you nip that in the bud as soon as you sense that, right?

1278.291 - 1301.448 Chris Hare

Whether it's with a particular plan or just understanding what's going on, you need to address that almost immediately. Too many times in life, I've made so many mistakes, but too many times in life, I have a gut sense, like a gut inclination towards a particular direction, and it becomes vindicated months or even years later, even though I knew what I needed to do a year ago or months ago.

Chapter 5: How do you define success in leadership?

1602.649 - 1622.922 Chris Hare

And I remember that my father, when he heard about, for example, Harvard, which for your average Hong Kong is like a big deal, right? You're in Harvard. He thought I was going to be studying in New York. They just had no idea about where these universities were. And in fact, had very little input in me applying to the U.S. at all. I had a university spot before I applied to the U.S.

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1623.042 - 1636.967 Chris Hare

in the Netherlands. which I was happy with and they were happy with too. But more importantly for my parents were values. In particular, start something, finish something that you start was a big one. Do the right thing ethically.

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1637.087 - 1657.792 Chris Hare

That was a big one for my father, who was my first board member at the 24-hour race and was always the guiding pillar in terms of its moral and ethical framework, which as a young man in my late teens and early twenties, I could often forget about. What if What are we doing here? And are we doing it for the right reasons? So I had a really good network.

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1658.372 - 1682.7 Chris Hare

Even I remember one of my first non-familial mentors was a man called Paul Salmico, who started a very successful business here in Asia called the Executive Center. It's a very high-end service to office arrangement. And I remember talking to him about our goal, our mission, our vision of the 24 hour race, which he was an early board member of, to be the end of slavery.

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1682.74 - 1703.715 Chris Hare

And he said, Chris, if you think that you can set this kind of mission, you don't understand human nature. Humans are always going to be exploiting each other to some degree. And you need to be thoughtful and mindful of this as you pursue your journey. I remember that hit me like a ton of bricks, right, at the age of 18 or 19. But he was absolutely right. I can't change human nature.

1703.775 - 1726.346 Chris Hare

And there's always going to be people willing to exploit other people for a dollar. So at best, I can mitigate it. And I think that's a nice segue into meaning and purpose in life. I go back to that analogy I said earlier. Could you spend your whole life fighting for something that you will dedicate every minute you have to and still fail?

1726.766 - 1749.108 Chris Hare

And can you still have a smile on your face at that passing moment? I don't think that's a really easy question to answer. It really isn't. But judging your own life success based on comparisons, which are really easy to make in the digital age, because 100 years ago, you compared yourself to 50 neighbors. Today, you compare yourself to anyone who's online.

1749.749 - 1776.794 Chris Hare

And I think that creates a lot of anxiety, by the way, for young people. Look, you as an individual will always have to tread a balance between what you want to be and what you need to be. I want to be an astronaut. No joke. For a long time, my life goal, my ultimate expedition was to become the first man to circumnavigate the moon. It still is, by the way.

1776.914 - 1790.605 Chris Hare

I don't know how likely it is, but it still is. It's still a big goal of mine. But what I need to be is a really good son to my parents. What I need to be is a really good partner to my girlfriend. And what I need to be is an excellent chairman with the 24 hours.

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